Independent Research and Policy Advocacy

Policy Initiatives

Financial Systems Design

A well-functioning and resilient financial system needs a good mix of institutions that collectively meet the financial intermediation needs of the country, be it individuals, households, businesses, sectors and local governments, while simultaneously enhancing the stability of the system as a whole.

Amulya Neelam Dvara

Amulya Neelam

Senior Research Associate

Deepti George Dvara

Deepti George

Deputy ED and Head of Strategy

Dwijaraj Bhattacharya

Dwijaraj Bhattacharya

Research Manager

Sowmini G Prasad Dvara

Sowmini G Prasad

Research Associate

Our Work

February 7, 2013 | Dvara Research

The absence of secondary markets for corporate bonds in India is arguably the single most important reason for this market not seeing the kind of growth one would expect.

By Vaibhav Anand, Satya Srinivasan, Mohammed Irfan, Rajeswari Sengupta
February 4, 2013 | Dvara Research

I was recently made aware of a fascinating speech2 on this topic given by Mr. V. K. Sharma (ED, RBI) in Mumbai on November 8th, 2012.

By Dr. Nachiket Mor
January 6, 2013 | Dvara Research

The previous post covered the process of “Suitability” in financial services. Here, we cover aspects of the legal and regulatory structure that will aid in establishing an effective Suitability regime in India.

December 20, 2012 | The Economic Times

There has been much discussion recently about the distorting nature of various indirect subsidies such as those being offered via price controls on fuel and fertiliser. Read more at: https://economictimes.indiatimes.com/opinion/et-commentary/govt-needs-to-revisit-priority-sector-lending-policy-for-more-effective-financial-inclusion/articleshow/17685747.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

By Dr. Nachiket Mor, Bindu Ananth
September 8, 2012 | Dvara Research

The second chapter of the IFMR Financial Systems Design Conference Series was held at our office on August 31-September 1, 2012.

August 8, 2012 | Dvara Research

This is the second post in our blog series on Long Term Debt Markets in the Indian context.

By Rajeswari Sengupta, Vaibhav Anand
July 16, 2012 | Dvara Research

This post marks the beginning of our new blog series on Long Term Debt Markets in the Indian context. In this series we will explore current status of the Indian debt market, importance and issues in relation to these markets, profile select developed debt markets and identify key learnings for the Indian debt market.  

By Dvara Research
May 10, 2012 | Dvara Research

The Reserve Bank of India (RBI) just released its new securitisation guidelines for standard assets via a notification.

By Vineet Sukumar
April 6, 2012 | Dvara Research

The Committee to Re-examine the Existing Classification and Suggest Revised Guidelines with regard to Priority Sector Lending Classification and related Issues chaired by Shri. M.V. Nair (the Nair Committee) recently submitted its recommendations.

April 5, 2012 | Dvara Research

The Committee to Re-examine the Existing Classification and Suggest Revised Guidelines with regard to Priority Sector Lending Classification and related Issues chaired by Shri .M.V.Nair (the Nair Committee) recently submitted its recommendations.

By IFMR Finance Foundation